Ace Industries has $1.8 million in current assets and $0.75 million in current liabilities. Ace decides to raise funds as additional notes payable and use them to increase inventory. How much can Ace's note payable increase without pushing its current ratio below 2? Select one: O a. $0.1875 million b. $0.2578 million O c. $1.4375 million. d. $0.8125 million. e. $0.3000 million. Rangala Corp sells on terms that allow customers 32 days to pay for merchandise. Its sales last year were $400,000, and its year-end receivables were $45,000. By how many days are customers paying late? Select one: a. 12.19 b. 7.25 c. 9.06 d. 11.06 e. 6.50